S. 1500 · 115th Congress

Keeping Capital Local for Underserved Communities Act of 2017

Stage
In committee
Introduced
2017-06-29
Latest action
2017-06-29 · Introduced in Senate

Summary

Keeping Capital Local for Underserved Communities Act of 2017

This bill specifies that certain reciprocal deposits shall not be considered to be brokered deposits. (Brokered deposits are subject to additional regulatory requirements, including those related to liquidity.)